Money laundering case: Anil Ambani appears before ED
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LNew Delhi: Anil Ambani, the chairman of Reliance Group, appeared before the Enforcement Directorate on Thursday for a second round of interrogation in connection with an alleged bank fraud-related money laundering case.
The 66-year-old businessman entered the federal probe agency's office in central Delhi around 10.30 am. Officials in the agency said they have recorded his statement under the provisions of the Prevention of Money Laundering Act (PMLA).
Ambani was first questioned by the ED in August 2025.
The probe pertains to an alleged over Rs 40,000 crore worth bank fraud by his group company, Reliance Communications (RCOM).
The ED arrested former RCOM president Punit Garg as part of this investigation in January. The alleged laundered funds were "diverted" through multiple foreign subsidiaries and offshore entities of RCOM, the agency claimed earlier.
Ambani and his multiple group companies are facing allegations of loan fraud, and the ED recently constituted a special investigation team (SIT) to probe all these instances.
The SIT was formed on the recent directions of the Supreme Court.
The ED on Wednesday attached Ambani's Mumbai house, 'Abode', worth Rs 3,716 crore under the anti-money laundering law.
According to information furnished by the ED to the apex court, it has filed three money laundering cases against the Anil Dhirubhai Ambani Group (ADAG) to investigate charges of bank loan fraud and other financial irregularities.
With PTI inputs